leparj:
When is the payment date for GTB interim dividend?

Friday, September 30, 2022.

comatekeke:

Friday, September 30, 2022.

Thanks.

Thanks

bfn1:

Why not just request for your CSCS stocks statement?

Send an email to contact@cscs.ng with either your CSCS CHN or A/C number.

You'll be charged N538 for the service.

Thanks

comatekeke:

Carry out a global search with cscs through another stockbroker with your name and variations of your name you used with your old stockbroker(First Inland Securities & Asset Mgt Limited) to buy the shares.
This should find all the shares associated with your name in the Nigerian capital market including with multiple stockbrokers and registrars.

Dividend for today

If you have shares in Flourmills expect a credit alert of your dividend today!

emmasoft:
Dividend for today

If you have shares in Flourmills expect a credit alert of your dividend today!

Awesome

https://doclib.ngxgroup.com/Financial_NewsDocs/36733_UNITED_BANK_FOR_AFRICA_PLC%20CORPORATE_ACTION_ANNOUNCEME.pdf

UBA Q2, 2022 is out!!
Interim Dividend: 0.20k
Qualification Date: 22nd Sept, 2022
Payment Date: 29th Sept, 2022

A good one from UBA
https://doclib.ngxgroup.com/Financial_NewsDocs/36733_UNITED_BANK_FOR_AFRICA_PLC%20CORPORATE_ACTION_ANNOUNCEME.pdf

Q2 Result:
https://doclib.ngxgroup.com/Financial_NewsDocs/36732_UNITED_BANK_FOR_AFRICA_PLC%20_QUARTER_2_%20_FINANCIAL_STAT.pdf

Cc: Lancee

[quote author=Krisuba post=116337443][/quote]
Fidelity Qualification Date: 12/09/2022
Payment Date: 30/09/2022

What about the result

yMcy56:
UBA Q2, 2022 is out!!
Interim Dividend: 0.20k
Qualification Date: 22nd Sept, 2022
Payment Date: 29th Sept, 2022

A good one from UBA
https://doclib.ngxgroup.com/Financial_NewsDocs/36733_UNITED_BANK_FOR_AFRICA_PLC%20CORPORATE_ACTION_ANNOUNCEME.pdf

Q2 Result:So yeye UBA cannot improve on their dividend. Fidelity will soon over take them
https://doclib.ngxgroup.com/Financial_NewsDocs/36732_UNITED_BANK_FOR_AFRICA_PLC%20_QUARTER_2_%20_FINANCIAL_STAT.pdf

Cc: Lancee

Uba dont want to improve on their dividend. Fidelity will soon over take them

Mpeace:
Uba dont want to improve on their dividend. Fidelity will soon over take them

Such overtake is good for investors. If they overtake, UBA most likely go shake body and ie more money for investors. It's a win-win case for dividend-loving investors .

Mpeace:
Uba dont want to improve on their dividend. Fidelity will soon over take them

UBA tried with the 20k.....
I'd thought it would be lower than that self, like 0.17k with the rate those dumpers were dumping, BUT they've tried by maintaining the 20k.

.....and yes, Fidelity is doing so well.

Mpeace:
Uba dont want to improve on their dividend. Fidelity will soon over take them

With the dilution in the works for Fidelity, it will be tough to catch up with UBA interim div.

This private placement in the works will dilute Fidelity income and potential dividend.
https://doclib.ngxgroup.com/Financial_NewsDocs/36728_FIDELITY_BANK_PLC%20FIDELITY_BANK_PLC%20NOTICE_OF_EXTRA%20OR.pdf

BabsO2:


With the dilution in the works for Fidelity, it will be tough to catch up with UBA interim div.

This private placement in the works will dilute Fidelity income and potential dividend.
https://doclib.ngxgroup.com/Financial_NewsDocs/36728_FIDELITY_BANK_PLC%20FIDELITY_BANK_PLC%20NOTICE_OF_EXTRA%20OR.pdf

Minor dilution naa. 3billion unit will be nothing if they continue with their current performance. The likes of UBA, GTB and Zenith would have been recording declining furtunes if not for the exchange rates issues in nigeria. If you convert their results to $ you realise that they have not been doing much for some years now.
The law of diminishing returns done catch them. On the other hand, fidelity has alot of space to grow

Mpeace:
Minor dilution naa. 3billion unit will be nothing if they continue with their current performance. The likes of UBA, GTB and Zenith would have been recording declining furtunes if not for the exchange rates issues in nigeria. If you convert their results to $ you realise that they have not been doing much for some years now.
The law of diminishing returns done catch them. On the other hand, fidelity has alot of space to grow

Okay so it's a minor dilution.

BabsO2:


Okay so it's a minor dilution.

All being equal.
3billion is much but wont ccause a decline in eps or dividends, given the continious growth in profit.

Flour Mills dividend received

yMcy56:

UBA tried with the 20k.....
I'd thought it would be lower than that self, like 0.17k with the rate those dumpers were dumping, BUT they've tried by maintaining the 20k.

.....and yes, Fidelity is doing so well.

is UPDC a good option to buy now?

UNITED BANK FOR AFRICA PLC H1 2022 RESULTS (AUDITED)NGN 2022 vs 2021

Gross earnings: N375.793b vs N315.179b : 19.23%
Profit/(Loss) before tax: N85.749b vs N76.186b : 12.55%
Profit/(Loss) for the year: N70.334b vs N60.581b : 16.10%
Total comprehensive income/(Loss): N8.89b vs N40.33b : -77.96%
Net Assets: N788.48b vs N804.81b : -2.03%

This 77.96% drop in total comprehensive income and 2.03% drop in Net Assets doesn't tell a good story for UBA.

safepaulooo:
UNITED BANK FOR AFRICA PLC H1 2022 RESULTS (AUDITED)NGN 2022 vs 2021

Gross earnings: N375.793b vs N315.179b : 19.23%
Profit/(Loss) before tax: N85.749b vs N76.186b : 12.55%
Profit/(Loss) for the year: N70.334b vs N60.581b : 16.10%
Total comprehensive income/(Loss): N8.89b vs N40.33b : -77.96%
Net Assets: N788.48b vs N804.81b : -2.03%

This 77.96% drop in total comprehensive income and 2.03% drop in Net Assets doesn't tell a good story for UBA.

Tony Elumelu is back as the head of the cowboys
Una no dey see his instagram page. Guyman is boozing with UBA money
By year end, una go see exceptional items taya

safepaulooo:
UNITED BANK FOR AFRICA PLC H1 2022 RESULTS (AUDITED)NGN 2022 vs 2021

Gross earnings: N375.793b vs N315.179b : 19.23%
Profit/(Loss) before tax: N85.749b vs N76.186b : 12.55%
Profit/(Loss) for the year: N70.334b vs N60.581b : 16.10%
Total comprehensive income/(Loss): N8.89b vs N40.33b : -77.96%
Net Assets: N788.48b vs N804.81b : -2.03%

This 77.96% drop in total comprehensive income and 2.03% drop in Net Assets doesn't tell a good story for UBA.

There is also a drop in net assets for zenith and gtb too with gtb being the worst.
We need to look at this with an unbiased mind so we can get a better understand of the issue.

Agbalowomeri:


Tony Elumelu is back as the head of the cowboys
Una no dey see his instagram page. Guyman is boozing wit...money
By year end, una go see exceptional items taya

Bros..
How far...
U still dey dis Naija so...
I no dey carry money buy UBA..
Na waste of time..

yMcy56:
UBA Q2, 2022 is out!!
Interim Dividend: 0.20k
Qualification Date: 22nd Sept, 2022
Payment Date: 29th Sept, 2022

A good one from UBA
https://doclib.ngxgroup.com/Financial_NewsDocs/36733_UNITED_BANK_FOR_AFRICA_PLC%20CORPORATE_ACTION_ANNOUNCEME.pdf

Q2 Result:
https://doclib.ngxgroup.com/Financial_NewsDocs/36732_UNITED_BANK_FOR_AFRICA_PLC%20_QUARTER_2_%20_FINANCIAL_STAT.pdf

Cc: Lancee

Thanks yMcy56 ...Retained div ..we go manage am till next yr maybe 70/80k go come

safepaulooo:
UNITED BANK FOR AFRICA PLC H1 2022 RESULTS (AUDITED)NGN 2022 vs 2021

Gross earnings: N375.793b vs N315.179b : 19.23%
Profit/(Loss) before tax: N85.749b vs N76.186b : 12.55%
Profit/(Loss) for the year: N70.334b vs N60.581b : 16.10%
Total comprehensive income/(Loss): N8.89b vs N40.33b : -77.96%
Net Assets: N788.48b vs N804.81b : -2.03%

This 77.96% drop in total comprehensive income and 2.03% drop in Net Assets doesn't tell a good story for UBA.

Can you please give us details of how the N40B comprehensive income came about in 2021
There's no point highlighting an item in isolation just to prove a point....... remember 2021 was a year that followed the COVID-19 year (2020) and a lot of changes took place, so detailing what brought about the difference would be good.

Why not also say something about the jump in PAT so you won't be making a partial judgement on the report.

Hope you'll consider other banks in this light as well.

In the meantime, dividend investors who believes in the bank should enjoy their interim Dividend......even when UBA sold for N5, some didn't still buy.

Dramadiddy:
is UPDC a good option to buy now?

You have to answer why you want to buy in the first place and for what duration.
If you're considering buying for short time, I think you may have to consider other stocks instead.

While no one can accurately predict what could happen, I think UPDC is for long termers.......and if you plan to buy for long term, try and pick @N1 or below, with patience, you'll likely get at that price.

If your target is price appreciation only, then picking below 1.02 and waiting patiently could still be it.

yMcy56:

Fidelity Qualification Date: 12/09/2022
Payment Date: 30/09/2022

Merci!!!

yMcy56:

You have to answer why you want to buy in the first place and for what duration.
If you're considering buying for short time, I think you may have to consider other stocks instead.

While no one can accurately predict what could happen, I think UPDC is for long termers.......and if you plan to buy for long term, try and pick @N1 or below, with patience, you'll likely get at that price.

If your target is price appreciation only, then picking below 1.02 and waiting patiently could still be it.

thank you

DrAwo:
Fidelity Bank 6 year financial analysis...
Enjoy...

Longtime post but I wanted to say thank you for posting this.

The volume with UBA is huge today, 50 million+.

SEPT EARNINGS /EPS LIKELY TO DISAPPOINT
Our profit forecast is telling us that Guinness may dissapoint in Sept earnings. Also exercise causion in buying, trading at 5 year high presently.

We give you advance blueprint to navigate the market

GUINEA INSURANCE POSTS N1.34B GROSS PREMIUM INCOME
Guinea Insurance Plc recorded a gross premium income of N1.34 billion last year. But the previous year, it made N1.05 billion, which represents a 27.4 per increase.
The Chairman of the company, Ugochukwu Godson, broke the news at the firm’s 64th Annual General Meeting (AGM) in Lagos. At the hybrid event, he said the net claims expenses in 2021 was N0.48billion, which is a 69.1 per cent improvement over the N1.55billion recorded in 2020, noting that this was due to efficient claims management. He stated that the company was returning to profitability as funds had been injected to strengthen its financial base and increase its capacity for transacting large-scale business deals.
The company’s Managing Director, and Chief Executive Officer, Ademola Abidogun, urged the company’s shareholders to see the positive aspects of the upcoming changes. He said: “With the injection of additional capital,” he said: “Our company is well positioned to attract and transact larger portions of new businesses. “It is undeniable that consumers are shifting and favouring simplicity more than ever before; as a result, our investment roadmap in technology and digital transformation is motivated by the need to give customers the freedom to purchase reliable insurance products without any geographical restrictions.” He stated that the company had made efforts to keep management costs to a minimum, obtain regulatory approval for the underwriting of agricultural insurance, and reduce operating expenses.